Innocap Investment Management Inc. (Montreal)

Name: Innocap Investment Management Inc.
Address: 1555 Peel Street, Montreal, H3 A 3 L8
Telephone: 514-879-5133

Innocap Investment Management Inc. is a large advisory firm based in Montreal. It manages $238.33 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2014.

Innocap Investment Management provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Innocap Investment Management: assets under management

The assets under management (AUM) of Innocap Investment Management Inc. is $238.33 million. The firm's AUM has gone down by -89% since the beginning of its operation, and $238.33 million of the total AUM is attributable to clients outside of the United States.

The firm manages $195.37 million in discretionary accounts and $42.96 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $42.96 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Innocap Investment Management Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gilles Guerin serves?

The only and largest group of clients of Gilles Guerin is pooled investment vehicles with 13 clients and $238.33 million of assets under management. Among the 8 most similar advisory firms, Innocap Investment Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $238.33 million for 13 clients. 100% of the firm’s clients are foreign persons or businesses.

Innocap Investment Management doesn't advise any private funds.

Careers at Innocap Investment Management Inc.

The company employs 48 people that are either part- or full-time employees. 21 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gilles Guerin has been acting as President since 1 Sep 2011. Francois Rivard joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Francois Bourassa	Director and vice president, specialized transactions and products, legal	1 Nov 2004	Other	5670853
Bnp Paribas S.A.	50% owner of innocap investment management inc.	1 May 2007	50% - 75%	foreign entity
National Bank Of Canada	50% owner of innocap investment management inc.	1 May 2007	50% - 75%	foreign entity
Catherine Newman	Chief financial officer	1 Apr 2010	Other	6278403
Gilles Guerin	Director	1 Sep 2011	Other	4380154
Ricardo Alejandro Pascoe	Director and chairman of the board	1 Apr 2012	Other	2984919
Alexander Philibert Billot	Director	1 Dec 2012	Other	6193075
Francois Rivard	President & chief executive officer	1 Feb 2013	Other	6193074
François Jacques	General counsel	1 Nov 2013	Other	6276050
Afroditi Ladovrechis	Chief compliance officer	1 Nov 2013	Other	6266870
Martin Doucet	Executive vice-president and chief operating officer	1 Apr 2014	Other	6444744
Stephane Fontaine	Chief compliance officer	1 Jan 2016	Other	6605507
Maria Tsimboukis	Chief compliance officer	1 Apr 2016	Other	6641184
Anik Lapointe	Executive vice-president and chief operating officer by interim	1 May 2016	Other	6549354
Arnaud Stephane Benjamin Schwebel	Director	1 Jul 2016	Other	6903813
Afroditi Ladovrechis	Chief compliance officer	1 Oct 2016	Other	6266870
Evelyne Morin	General counsel	1 Nov 2016	Other	6949289
Jean Baram	Chief operating officer	1 Dec 2017	Other	6894660
Francois Rivard	Director	1 May 2018	Other	6193074
Stephane Leveille	Director	1 May 2018	Other	6949280
Catherine Marielle Beauchemin	Director	1 May 2018	Other	6949281
Cdp Investissements Inc.	30% owner of innocap investment management inc.	1 May 2018	25% - 50%	foreign entity
10313157 Canada Inc.	20% owner of innocap investment management inc.	1 May 2018	Other	foreign entity

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Caisse De Dépôt Et Placement Du Québec	100% owner of cdp investissements inc.	1 Nov 1998	75% - 100%	foreign entity
Francois Rivard	One of the owners of 10313157 canada inc.	1 Jul 2017	50% - 75%	6193074

Based in Montreal

The principal office where Innocap Investment Management Inc. performs its advisory services is located at 1555 Peel Street, Montreal, H3 A 3 L8, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 514-879-5133 or by fax 514-395-2877. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at innocap.com and its LinkedIn profile.